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US core inflation rose by 0.3% in June, the biggest increase since January, as tariffs pushed up import costs.
The Federal Reserve slashed interest rates in September by an outsize half-point cut on easing inflation. Monthly inflation of roughly 0.17% would be consistent with the Fed’s goal of an annu… ...
The PCE price index was projected to rise 0.1% in May, with the annual inflation rate at 2.3%, according to the Dow Jones consensus.
Other price gains also proved persistent and stubbornly high in April: Shelter costs, which account for about 40% of the core inflation increase, rose 0.4% for the month and are up 8.1% over the ...
Core PCE inflation, which is the Federal Reserve’s favored measure of price changes as it excludes more volatile food and energy categories, was 2.5% in April, lower than projections of 2.6%.
The Federal Reserve’s preferred measure of underlying inflation posted its biggest monthly gain since April — bolstering the case for slower rate cuts less than a week ahead of the central ...
Inflation stayed elevated at 8.3% in April but eased off a 40-year high. Economists say it probably has peaked. Mahmoud Khalil, Columbia grad held over pro-Palestinian activism, released after ...
Why April's inflation rate was better than expected, ... Austan, is core Consumer Price Index. That excludes food and energy. Those two things tend to be a little bit more volatile, ...
The annual inflation rate cooled to 2.3% in April, ... Core inflation, which excludes volatile food and energy prices, was up 2.8% on an annual basis and 0.2% on a monthly basis.
The core inflation rate, ... The cost of shelter was the main driver of inflation in April, with prices rising 0.3% from March, accounting for more than half of the overall number.
Singapore’s core inflation rate was unchanged in April from the prior month, giving the central bank room to wait and watch amid risks to economic growth from geopolitical tensions and diverging ...
OSLO, May 10 (Reuters) - Norway's annual core inflation rate eased in April, but the move was smaller than expected, Statistics Norway data showed on Friday. Core inflation, which strips out ...